NEW DELHI’S DILEMMA: PRO-MODI TRUMP POLICIES ARE BLATANTLY ANTI-INDIA
RUPEE IN CHOPPY WATERS AS HAWKISH FED MOVES TO BOOST DOLLAR
21-12-2024 12:04 GMT-0000
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While Prime Minister Narendra Modi’s ‘friend’, the US President-elect Donald J Trump, is set to move into White House, once again, it need not be particularly beneficial for India. If anything, Trump can be said to be “anti-India” even while remaining “pro-Modi”. The camaraderie contrasts starkly with the president-elect’s anti-India economic stance, which has already manifested in threats of retaliatory tariffs and a staunch defence of the US dollar as the global currency.